ProShare Advisors LLC Has $19.33 Million Stock Position in Intercontinental Exchange Inc. $ICE

ProShare Advisors LLC reduced its holdings in Intercontinental Exchange Inc. (NYSE:ICE) by 9.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 114,737 shares of the financial services provider’s stock after selling 12,189 shares during the period. ProShare Advisors LLC’s holdings in Intercontinental Exchange were worth $19,331,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ICE. Oppenheimer & Co. Inc. grew its stake in shares of Intercontinental Exchange by 6.7% in the third quarter. Oppenheimer & Co. Inc. now owns 7,101 shares of the financial services provider’s stock worth $1,196,000 after acquiring an additional 443 shares during the last quarter. Candriam S.C.A. boosted its holdings in Intercontinental Exchange by 46.2% in the 3rd quarter. Candriam S.C.A. now owns 675,280 shares of the financial services provider’s stock valued at $113,771,000 after purchasing an additional 213,459 shares during the period. SPC Financial Inc. boosted its holdings in Intercontinental Exchange by 0.9% in the 3rd quarter. SPC Financial Inc. now owns 24,627 shares of the financial services provider’s stock valued at $4,149,000 after purchasing an additional 208 shares during the period. Smartleaf Asset Management LLC grew its position in Intercontinental Exchange by 20.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 13,090 shares of the financial services provider’s stock worth $2,199,000 after purchasing an additional 2,191 shares during the last quarter. Finally, Canada Post Corp Registered Pension Plan increased its holdings in shares of Intercontinental Exchange by 10.0% during the 3rd quarter. Canada Post Corp Registered Pension Plan now owns 11,499 shares of the financial services provider’s stock worth $1,932,000 after purchasing an additional 1,050 shares during the period. 89.30% of the stock is currently owned by institutional investors and hedge funds.

Intercontinental Exchange News Roundup

Here are the key news stories impacting Intercontinental Exchange this week:

• Positive Sentiment: Zero blockchain partnership — ICE is a named partner and strategic infrastructure collaborator on LayerZero’s new “Zero” blockchain alongside Citadel Securities and the DTCC, a move that signals long-term involvement in tokenization and market infrastructure for digital assets. This could expand ICE’s addressable market in blockchain-based post-trade and data services. LayerZero Announces Zero Blockchain
• Positive Sentiment: EU benchmarks recognition — ICE Benchmark Administration received recognition under the EU Benchmarks Regulation, reducing regulatory friction for its benchmark business in Europe and helping preserve benchmark-related revenue streams. Benchmark Recognition Article
• Positive Sentiment: Treasury clearing approval / capital returns narrative — recent coverage highlights ICE’s new treasury-clearing capabilities and potential for stronger capital returns, which could materially improve free cash flow dynamics and shareholder returns over time. Treasury Clearing and Capital Returns
• Neutral Sentiment: Product/service updates — ICE rolled out an updated MSP user experience and expanded servicing automation, incremental improvements that support customer retention and operational efficiency but are unlikely to move near-term revenue materially. MSP User Experience Launch
• Neutral Sentiment: ICE Mortgage Monitor — the firm’s February Mortgage Monitor highlights refinance opportunities and improved affordability, reinforcing ICE’s recurring data/analytics relevance to mortgage markets. Useful for the data business but not an immediate earnings surprise. ICE Mortgage Monitor
• Neutral Sentiment: Conference presentations — transcripts from UBS and Bank of America conferences are out; they typically reiterate strategy and outlook (helpful for longer-term conviction but rarely trigger big moves absent new guidance). UBS Conference Transcript BofA Conference Transcript
• Negative Sentiment: Insider sale — Director Judith Sprieser sold 4,722 shares (~32.6% reduction in her stake), which can be perceived negatively by some investors as signaling near-term insider liquidity/conviction concerns even though single sales aren’t uncommon. Filing: SEC/MarketBeat. Insider Sale SEC Filing

Intercontinental Exchange Trading Down 2.7%

ICE stock opened at $164.84 on Wednesday. Intercontinental Exchange Inc. has a 1-year low of $143.17 and a 1-year high of $189.35. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.64. The business’s 50 day moving average is $165.63 and its 200-day moving average is $166.07. The firm has a market cap of $93.61 billion, a P/E ratio of 28.57, a P/E/G ratio of 2.03 and a beta of 1.02.

Intercontinental Exchange (NYSE:ICE) last announced its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.71 EPS for the quarter, beating the consensus estimate of $1.67 by $0.04. Intercontinental Exchange had a return on equity of 13.99% and a net margin of 26.23%.The business had revenue of $3.14 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter in the previous year, the firm earned $1.52 EPS. Intercontinental Exchange’s quarterly revenue was up 7.8% on a year-over-year basis. Equities analysts anticipate that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current fiscal year.

Intercontinental Exchange Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Wednesday, December 16th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, December 16th. This represents a $2.08 annualized dividend and a dividend yield of 1.3%. Intercontinental Exchange’s dividend payout ratio is presently 33.28%.

Insider Buying and Selling at Intercontinental Exchange

In other Intercontinental Exchange news, CFO Warren Gardiner sold 1,572 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $153.65, for a total transaction of $241,537.80. Following the sale, the chief financial officer directly owned 20,534 shares of the company’s stock, valued at approximately $3,155,049.10. This represents a 7.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Douglas Foley sold 1,600 shares of Intercontinental Exchange stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $163.20, for a total transaction of $261,120.00. Following the completion of the transaction, the senior vice president owned 24,196 shares of the company’s stock, valued at $3,948,787.20. This trade represents a 6.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 168,709 shares of company stock worth $25,955,387 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Intercontinental Exchange in a research note on Monday, December 29th. Piper Sandler reiterated an “overweight” rating and issued a $195.00 price objective (down previously from $202.00) on shares of Intercontinental Exchange in a research report on Wednesday, January 14th. JPMorgan Chase & Co. decreased their price objective on Intercontinental Exchange from $202.00 to $180.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. TD Cowen restated a “buy” rating on shares of Intercontinental Exchange in a research note on Friday. Finally, Wall Street Zen upgraded shares of Intercontinental Exchange from a “sell” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Intercontinental Exchange presently has a consensus rating of “Buy” and an average target price of $195.40.

Intercontinental Exchange Profile

Intercontinental Exchange (NYSE: ICE) is a global operator of exchanges, clearing houses and data services that provides infrastructure for the trading, clearing, settlement and information needs of financial and commodity markets. Founded in 2000 by Jeffrey C. Sprecher as an electronic energy trading platform, the company has grown through organic expansion and acquisitions to operate a broad portfolio of assets spanning listed equities, futures and options, fixed income, and over-the-counter derivatives.